{"id":2942,"date":"2011-01-14T05:15:40","date_gmt":"2011-01-14T12:15:40","guid":{"rendered":"http:\/\/www.jasonapollovoss.local\/?p=2942"},"modified":"2018-08-16T17:16:33","modified_gmt":"2018-08-16T21:16:33","slug":"anecdotal-evidence-of-gold-bubble","status":"publish","type":"post","link":"https:\/\/jasonapollovoss.com\/web\/2011\/01\/14\/anecdotal-evidence-of-gold-bubble\/","title":{"rendered":"Anecdotal evidence of gold bubble"},"content":{"rendered":"<p><span style=\"font-size: 16px;\">During the dot.com and real estate bubbles of the last decade it was so difficult to get a contrary opinion from anyone who wasn&#8217;t drinking from the bubble kool-aid.\u00a0 One of the ways any investor, yes, even you, could have recognized that it was a bubble was by who was talking about the stock market or real estate market.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\">Normally the general public concerns its conversations\u00a0with family, work, television shows, celebrities or sports.\u00a0 So when\u00a0people start talking about investing in something as a part of regular conversation, it&#8217;s a sign that an asset has entered bubble-territory.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\">So what to make of the video story this morning from the Wall Street Journal about new gold vending machines that are being installed in upscale malls around the world?\u00a0 Just enter your cash and receive a chunk of gold, from 1 gram to a full ounce.\u00a0 This reminds me of the dot.com era and its mall-based brokerage firms.\u00a0 It also reminds me of the real estate bubble era mall-based mortgage broker.\u00a0 Remember Countrywide and its mall offices?<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\">At the moment I appear to be one of the few gold naysayers.\u00a0 But anytime an investment makes itself into the imagination of the general public it means that a crest has neared.\u00a0 I&#8217;m not saying gold prices\u00a0are going to crash overnight.\u00a0 I am saying that its run is likely nearing an end within 18 months.\u00a0 See my post on <a href=\"https:\/\/jasonapollovoss.com\/web2010\/11\/23\/gold\/\">gold<\/a>, and my <a href=\"https:\/\/jasonapollovoss.com\/web2010\/12\/13\/what-my-intuition-tells-me-now-2011-predictions\/\">2011 predictions<\/a> for more information.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\">Jason<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>During the dot.com and real estate bubbles of the last decade it was so difficult to get a contrary opinion from anyone who wasn&#8217;t drinking from the bubble kool-aid.\u00a0 One of the ways any investor, yes, even you, could have recognized that it was a bubble was by who was talking about the stock market [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-2942","post","type-post","status-publish","format-standard","hentry","category-the-blog"],"_links":{"self":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/2942","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/comments?post=2942"}],"version-history":[{"count":0,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/2942\/revisions"}],"wp:attachment":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/media?parent=2942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/categories?post=2942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/tags?post=2942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}